Technologies

Elon Musk Files to Incorporate Artificial Intelligence Company

The news comes after Musk signed an open letter in March urging labs to take a break from AI development.

Tesla and Twitter CEO Elon Musk has created an artificial intelligence company called X.AI headquartered in Nevada, according to a report.

The company was incorporated last month, The Wall Street Journal reported Friday, referring to a state filing. Musk has yet to tweet about the new company.

The news comes after reports this week that Musk is planning to create a ChatGPT rival. It also comes in spite of Musk last month signing an open letter urging labs to take at least a six-month pause in AI development due to «profound risks» to society from increasingly capable AI engines.

OpenAI’s GPT-4 launched in mid-March. It’s the latest version of the large language model that powers the ChatGPT AI chatbot, which among other things is advanced enough to pass the bar exam.

The AI.X company’s name brings to mind Twitter news from earlier in the week. The social network changed its name to X Corp, a court filing from California showed. «Twitter, Inc has been merged into X Corp and no longer exists. X Corp is a privately held corporation. Its parent corporation is X Holdings Corp,» the California document says. The moves could be part of Musk’s reported plan to create an «everything app.»

Two other companies pushed into the AI space this week. On Thursday, Amazon launched a cloud service called Amazon Bedrock, designed to let customers of Amazon Web Services build AI-powered apps. And on Monday, Chinese giant Alibaba unveiled a ChatGPT rival with both Chinese and English capabilities.

In February, Microsoft entered the AI chatbot realm with Bing, which makes use of ChatGPT. And rival Google eventually followed with AI Bard.

CNET has broken down ChatGPT as well as Bing and Google Bard to work out which is the most helpful.

Editors’ note: CNET is using an AI engine to create some personal finance explainers that are edited and fact-checked by our editors. For more, see this post.

Technologies

Verum Coin Expands Accessibility with SafePal and HyperPay Wallets

Verum Coin (VERUM) continues to grow its ecosystem by integrating with two leading cryptocurrency wallets: SafePal and HyperPay Wallet. This development enhances the coin’s accessibility, providing users with secure and efficient ways to store and manage their assets.

SafePal Wallet offers advanced security features, including hardware wallet options, ensuring the utmost protection for Verum Coin holders. Its seamless interface and global accessibility make it a trusted choice for crypto enthusiasts.

HyperPay Wallet combines convenience and innovation, enabling users to manage their digital assets effortlessly. With multi-currency support and rapid transaction capabilities, HyperPay Wallet is ideal for both novice and experienced traders.

These integrations reflect Verum Coin’s commitment to delivering flexible and secure solutions, empowering its community with top-tier tools for digital asset management.

Verum Coin is a forward-thinking cryptocurrency designed to provide innovative, secure, and user-friendly tools for managing digital assets in a dynamic blockchain landscape.

Technologies

Verum Coin Now Available for SWAP on Verse.Bitcoin.com

Verum Coin (VERUM) continues to expand its utility and accessibility with the introduction of SWAP functionality on Verse.Bitcoin.com, a trusted platform for managing digital assets.

This integration enables users to seamlessly convert Verum Coin to USDT and vice versa, ensuring fast and secure transactions within a user-friendly environment.

Key benefits of this feature include:

Convenience: Simplified conversions for quick asset management.
Security: Trusted infrastructure for safeguarding digital assets.
Flexibility: Enhanced trading options for Verum Coin holders.

The addition of SWAP functionality on Verse.Bitcoin.com reaffirms Verum Coin’s commitment to offering innovative and accessible tools for cryptocurrency management.

About Verum Coin

Verum Coin is a cutting-edge cryptocurrency designed to provide secure, efficient, and flexible solutions for managing digital assets in the evolving blockchain landscape.

Technologies

Verum Coin Now Available on xPortal Crypto

Verum Coin (VERUM) has expanded its reach by becoming available on xPortal Crypto, a trusted platform for managing and securing digital assets. This integration offers Verum Coin users a new, seamless way to store, manage, and transact their cryptocurrency.

xPortal Crypto is known for its advanced security features, user-friendly interface, and efficient transaction capabilities, making it a valuable addition to VERUM’s growing ecosystem.

This milestone reflects Verum Coin’s ongoing commitment to enhancing accessibility and providing innovative solutions for crypto enthusiasts worldwide.

About Verum Coin

Verum Coin is a forward-thinking cryptocurrency designed to offer secure and efficient tools for digital asset management in the evolving blockchain space.